Sandstone Square Apartments for Seniors

Sandstone Square Apartments for Seniors Apartment Details

Program Type: Section 42 - Income Restrictions
15 Units for Elderly or Disabled.
If you are looking for an affordable housing option, these rental apartments are supported by the LIHTC and having the applicable program rent and income restrictions.
The LIHTC gives incentives to builders and developers to provide affordable housing to low income persons. The maximum rent charged is based on the AMI, Area Median Income. This apartment may still be unaffordable to low income persons due to this AMI. Check the current rental rates to see if this is affordable to you.  The credits are also commonly called Section 42 credits in reference to the applicable section of the Internal Revenue Code.
Most apartments these days have waiting lists. We provide this listing so you can contact them directly at the number provided to see if you can apply and qualify to live here.
TIP: Knowing About LIHTC (Low Income Tax Credit) units for rent. Income from all of the adults expected to reside at this apartment must be included and verified at application time. Call for more details.
Services:
*Professionally Managed
*Affordable Rents
*Oak Cabinetry in all kitchens & baths
*Heat/Water/Sewer/Trash Included
*Cable Hook-Ups
*Accessible Unit
*Community room
Contact Information:
CEPCO Management & Development
32 Tenth Ave. S, Suite 109, Hopkins, MN 55343
If you find this listing is no longer low income, or the phone number is incorrect, please contact us using the online form below.

Important information
Waiting Lists
Most low income apartments have waiting lists. Some of these lists can take years until you can be called for openings. The key is to try to get on as many waiting lists as possible.

Call The Apartments Directly
We provide phone numbers and websites. Call the apartments directly if they have openings or open waiting lists.

Apartment Rates
We provide current apartment rates on many listing pages. Most HUD listings do not have published rates. They are based on 30% of the renters adjustable gross income. You will need to contact the apartments to determine if you qualify for income based rent.

Apartment Rental and informational statistics for zip code

Median apartment rental rate in this zip code	$829
Population in zip code	4,566
Median age of those living in this zip code	42.1
Average household income of those living in this zip code	$42,983
Average home value in this zip code	$136,618